Tag "Venezuela"
Foreign MNCs face trapped assets in Venezuela
Foreign multinational corporations in Venezuela are faced with rapidly decreasing profit margins amidst strict capital controls and mounting inflation. Given incentives to maintain the status quo, the government is unlikely
US sanctions on Venezuela may strengthen Maduro regime
The US decision to impose sanctions on seven Venezuelan officials earlier this month seems innocuous enough. But the language accompanying the imposition does little to help US objectives, and may
Five countries most affected by the oil price crash
Since June 2014, global oil prices have dropped by more than 50%. The drop could strongly affect the economic and political stability of these five oil exporting countries. Oil prices
Guantanamo creates problems for US-Cuba talks
The disputed territorial status of the US naval base at Guantanamo Bay will impede efforts to renew diplomatic relations between the US and Cuba. Yet, agreement over the territorial lease
Colombia may see rise of left-wing populism
Colombia could see the rise of a firebrand leftist leader, much like Venezuela, Ecuador and Bolivia. The country has all the fundamentals: a political spectrum leaning strongly to the right,
Failed coup diverts attention from Venezuela’s currency devaluation
An alleged coup attempt on the government of Venezuela and following protests has diverted attention from the most drastic economic decision taken by the Maduro administration—liberalizing the exchange rate regime. On
Oil sector expected to reduce investment in new projects
Despite the overall benefits for the global economy, the prolonged period of low oil prices is likely to reduce investment in new oil projects, raising the potential for economic and political
Could Venezuela be headed for reform or revolt?
Rapidly declining world oil prices, a lack of basic goods in supermarkets, insecurity, and a more united opposition look set to make 2015 the most difficult year yet for Venezuela’s Nicolas Maduro
Low oil prices bring instability to the global oil sector
A pro-longed period of low oil prices could have long-term consequences for the future of the oil industry and geopolitical stability of some oil exporting countries. Falling oil prices can be
What to expect in Latin America in 2015
In 2015, Latin America’s dominant extractive industries will have to deal with lower prices and lower international demand. But with political and economic challenges building, many governments may find themselves unable